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World NewsTata Motors buys Jaguar, Land RoverIndia's Tata Motors will buy Jaguar and Land Rover from ailing U.S. carmaker Ford for $2.3 billion (¥229 billion). This is less than half of what Ford paid for them in 1989. Tata will now make one of the most expensive cars in the world — the Jaguar XK at $80,000 (¥8 million) — and the cheapest — the Nano at $2,500 (¥250,000). (AP)
Shukan ST: April 4, 2008 (C) All rights reserved |